As you see we have a fib level in Daily and there are fib level and ABCD pattern. That is it. It is do clear that I think there is no need to explain more. WTC is heading to sts, this zone is the super strong support and I think it will raise up to sts from that zone. But if WTC keeps dumping and pass the sts zone, you should sell quickly and wait for it in the sts zone and wait to sell at sts zone. WTC has been rejected strongly at the $ zone, which will be the most important resistance zone in this bull run of WTC. WTC is heading to the $ zone for accumulating to break out of the $ zone in December. 📈BUY- LONG -Buy: $. SL B 📉SELL-SHORT -Sell: $. SL A -Sell: $. SL A -Sell: $.
Wtc btc tradingviewWTC RISES for BINANCE:WTCBTC by AtlasTED — TradingView
The RSI is at Trading suggestion: There is a Technical analysis:. While the price downtrend in the Daily chart and the RSI is not broken, bearish wave in price would continue. Trading suggestion:. There is still a possibility WTC is overbought on most timeframes and stalled at resistance and the 1.
Wait for a pullback to maybe the. Note that all the preceding waves have reversed at the. Looks like it will go higher now.
Looking to first target at the 2. Bounce off RSI Walton ended with correction. Entering point allready made at about satoshis. Target WTC has an interesting history of speed increases. It will be easy to make a X2. My little finger is telling that something is going on hereeeeeee be my crustacey! WTC showed us today, what is the power of leading diagonal known by eliott wave traders. And we got nice example of rising wedge as Lookslike we have got a bullish triangle.
Let's see if it breaks upwards. It might bounce of the marked area or the resistance line a bit lower. I'm a novice and this is my first public chart ever. Pointers are appreciated. It looks like an ascending triangle with volume increasing. Let me know what you think. Just for fun. In my life I had never seen a graphic like this one.
Keep in mind that this thing went up to the sky and we cannot fit the whole picture inside the same frame.